The IDBI Bank privatisation process has been underway since 2022 and involves the sale of a 60.72% stake

Pune, April 24 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Friday confirmed that the government plans to continue with the disinvestment process of IDBI Bank. The comments dispelled the uncertainty hanging over the privatisation of IDBI Bank, as the offers received in the earlier bidding round were below the reserve price fixed by the government. Consequently, the proposed transaction had to be called off last month. Under the original plan, the government was to sell a 30.48 per cent stake in IDBI Bank, while LIC was to divest 30.24 per cent, taking the total stake on offer to 60.72 per cent.

New Delhi, May 5 (SocialNews.XYZ) The government’s disinvestment plan for IDBI Bank, as part of the broader strategy to monetise assets through stake sales during the current financial year, is progressing in accordance with the normal schedule, the Department of Investment and Public Asset Management Secretary Arunish Chawla has said. "The focus remains on steady execution and long-term value creation, even as global economic conditions remain uncertain," Chawla told NDTV Profit in an exclusive interview.

Applications are invited for recruitment of various medical positions or career in IDBI Bank Assam in 2025. IDBI Bank Assam is inviting appli

മുംബൈ> ലിബറലൈസ്ഡ് റെമിറ്റൻസ് സ്കീം പ്രകാരമുള്ള ഇടപാടുകൾ റിപ്പോർട്ട് ചെയ്യുന്നതുമായി ബന്ധപ്പെട്ട നിർദ്ദേശങ്ങൾ ലംഘിച്ചതിന് സിറ്റിബാങ്കിന് 36.3 ലക്ഷം രൂപ പിഴ